Clarity Now

Why do I have to re register for Online Banking?

Re-registering for Online Banking allows you to retrieve your customer number and also re-set your security details if needed. For credit card only custom...

health and wellbeing

Do seniors get 2 stimulus checks?

If you’re over age 65 and a recipient of Supplemental Security Income or Social Security Disability Insurance, you were eligible for a first and second st...

global affairs

Do you have to file a tax return if you are retired?

Retirees whose only source of income is Social Security generally will not owe any federal taxes and therefore don’t need to file a return with the IRS. D...

global affairs

Can you change your business legal structure?

Changing business structure depends on what the current structure of your business is. The easiest change to make is from a sole proprietorship or simple ...

education and learning

Are there any exceptions to the 10% penalty for early withdrawals?

Distributions that you roll over to another qualified retirement plan are generally not taxable and are not subject to the 10% additional tax penalty. Rol...

environment and climate

How can I determine cost basis for land inherited in 1976?

Consult a real estate agent or a licensed appraiser. An appraiser can use historical sales records to determine a retroactive value. Vacant land may be di...

news

How do I access an old PayPal account?

Contact the PayPal customer service department if you are still not able to access your account. You can click on the “Contact Us” link on the bottom of t...

news

Do you have to file a corporation tax return?

Corporation income tax return. All resident corporations (except tax-exempt Crown corporations, Hutterite colonies and registered charities) have to file ...

science and technology

How is qualified income deduction calculated?

In the case of a non-SSTB, when taxable income exceeds the threshold amount, the QBI deduction is calculated by taking the lesser of: 20% of QBI; or. The ...

education and learning

Is a settlement suing?

A settlement, as well as dealing with the dispute between the parties is a contract between those parties, and is one possible (and common) result when pa...

data and analysis

Can you really get solar panels installed for free?

If you live in a suitable property, a number of energy companies and solar PV suppliers are willing to fit solar panels on your roof for free. In return, ...